25E - AGMT - PARKING LEASE - Laserfiche WebLink

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DO NOT RECORD (b) Notice of intent to vacate or termination of the Lessor- Lessee relationship is only valid with thirty (30) clays prior written notice to the other party for no cause. (e) Notice of intent to terminate due to violation of Lease terms and conditions shall be consistent with California State law. Section 1.03 Rent /Security Deposit (a) Upon execution of this Agreement, Lessee shall pay to Lessor the following monthly compensation for use of the Property: April 1, 2011 through Dec. 31, 2011 = $700 per month Jan. 1, 2012 through March 31, 2016 = $1053 per month Rent payments will be due upon execution of this Agreement and thereafter on or before the 5 °i of each month, payable to "Community Redevelopment Agency of the City of Santa Ana," and remitted to: The City of Santa Ana M -13, 20 Civic Center Plaza, P.O. Box 1988 Santa Ana, CA 92702. A late charge of ten percent (10 %) shall be applied after any payment hereunder is due but unpaid. (b) Lessee's monthly rental payments shall be subject to a CPI adjustment equal to the City's Miscellaneous Fee CPI upon exercise of each renewal option during the term hereof. (c) Contemporaneously with the execution of this Agreement, Lessee shall deposit with Lessor the sum of $2,000.00 as a Security Deposit. The deposit will be held without liability for interest as security for faithful performance by Lessee. (d) Rent for any period during the rental term which is less than one (1) month shall be a prorated portion of the monthly installment herein, based upon a thirty (30) day month. Section 1.04 Non - Recording Neither party shall record this Agreement, ARTICLE 2 — TAXES AND MAINTENANCE Section 2.01 Taxes Lessee shall pay before they become delinquent all taxes, assessments or other charges levied or imposed by any governmental entity on Lessee's Property. If such taxes are not 25E -6